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Required information Exercise 3-22A Recording events in the general journal, posting to T-accounts, and preparing closing entries LO 3-1, 3-2, 3-3, 3-4 [The following information
Required information Exercise 3-22A Recording events in the general journal, posting to T-accounts, and preparing closing entries LO 3-1, 3-2, 3-3, 3-4 [The following information applies to the questions displayed below.) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Balance Cash $ 34,900 Accounts receivable 15,600 Accounts payable 10,500 Common stock Retained earnings 11,900 28,100 The following events apply to Oak Consulting for Year 2: 1. Provided 566,100 of services on account 2. Incurred $3,000 of operating expenses on account. 3. Collected $46,700 of accounts receivable. 4. Pald $38,400 cash for salaries expense. 5. Paid $12,150 cash as a partial payment on accounts payable. 6. Paid a $9.200 cash dividend to the stockholders. Exercise 3-22A Part a Required Record these events in a general Journal. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) hp " ha CI nfoAi nh first account field.) View transaction list Journal entry worksheet
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